• FMCG and Pharmaceutical industries have provided the highest growth rate for Elixia’s tech-enabled logistics services
• Elixia’s consumer base in Maharashtra has increased by 2.2x during FY 21-22
Elixia Tech Solutions, a leading incubator of high-end technological innovations in the field of supply chain, recorded a business growth of 175% in the state of Maharashtra for FY 2021-2022. Despite the Covid pandemic, the technology stalwart has been showing buoyant growth for Maharashtra state since FY 2019- 20. Apart from robust business growth, Elixia has also clocked a 2.2x increase in its customer numbers in the said region in FY 2021-22.
The escalated demand for FMCG goods and pharmaceuticals during the pandemic led to entities from these industries demanding tech-led logistical support. The same has given rise to technological innovations in the logistics sector. With its technological prowess, Elixia was suitably placed to leverage its strengths and provide much-needed tech support to help the logistics sector overcome the new challenges posed by the pandemic and the consequent lockdowns, etc.
Technology’s significant role in logistics and the supply chain sector have strengthened Elixia’s future prospects. Speaking on its business performance, Elixia Tech Solutions’ founder and managing director, Sanket Sheth said, “Maharashtra’s State Government has made recent and significant investments towards improving the state’s fragmented logistics sector. It has resulted in the state emerging as a pivotal hub for supply chain operations. Elixia has responded enthusiastically to the moves by leveraging them. With our tech-based services, we have taken full advantage and registered robust business growth.”
Further, Seth added, “Technological intervention will boost and strengthen the state and India’s logistics segment.”